How is the audit report referred to when the auditor has no reservations about management's financial statements?
A)An unqualified report.
B)A qualified report.
C)An adverse report.
D)An integrated report.

Question

Quizplus · Accepted Answer

An unqualified report is issued when the auditor has no reservations about management's financial statements. This means that the financial statements are presented fairly in all material respects and in accordance with the applicable financial reporting framework.

How Is the Audit Report Referred to When the Auditor